Hatzolah Emergency Medical Services Inc
Analysis
Hatzolah Emergency Medical Services Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Hatzolah Emergency Medical Services Inc reported income of $5.3m and spending of $5.5m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $5.3m (+110%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 88%. Over the whole period it spent 81% of the income it received.
Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Hatzolah Emergency Medical Services Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Whitesville Rural Volunteer Fire Department ($5.3m), Bay Leaf Volunteer Fire Dept Incorporated ($5.4m) and Habitable ($5.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 21% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $9.9m against liabilities of $1.4m, net assets of $8.5m. It reported 42 employees.
Income and spending
Where the income comes from
- Contributions & grants 77%
- Program services 21%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Whitesville Rural Volunteer Fire Department | Summerville | $5.3m |
| Bay Leaf Volunteer Fire Dept Incorporated | Raleigh | $5.4m |
| Habitable | Washington | $5.2m |
| Renaissance Community Loan Fund Inc | Gulfport | $5.4m |